Banque Havilland will now offer the “BlackRock Private Equity Opportunities ELTIF” (BlackRock PE ELTIF), thereby enabling clients to directly invest in a portfolio of private equity assets through co-investments.
Against a backdrop of slow growth, low interest rates, increased volatility and uncertainty around global trade, many investors are being challenged to find long term value. A private equity allocation may help overcome these issues by providing investors able and willing to commit capital for a long period of time with access to investments that are not readily available within public markets and therefore providing diversification in a portfolio with the potential for long-term value creation.
BlackRock has been investing in private equity since 1999 across primary funds, secondaries, and direct co-investment opportunities. The BlackRock Private Equity Opportunities ELTIF offers investors access to an institutional private equity solution within a regulated framework. The direct co-investment fund invests across private equity disciplines, geographies, sectors, vintages and most importantly private equity sponsors, with a focus on Europe.
“We are excited to expand our relationship with BlackRock and provide clients with access to such a unique platform, bridging the gap between institutional solutions and private investors,” said Stefano Torti, Group Head of Asset Management and Advisory at Bank Havilland. “We believe that the current low yield environment is here to stay and we need to be able to offer our clients innovative solutions to build portfolios that are able to prosper in this new reality”.
“This agreement is an important milestone enabling a growing number of investors to access the depth and breadth of BlackRock’s Private Equity platform,” Gisele Duenas Leiva, Country Head for Luxembourg and Sales Director for Belgium at BlackRock said. “We look forward to working with Banque Havilland and leveraging their local expertise to distribute the fund and meet clients’ demand for innovative investment strategies.”
The Fund is intended for advised retail investors with knowledge and experience of these types of products, who want to optimize long-term investment returns and are willing to bear the risk of capital loss. Investors should expect their money to be invested in the Fund for 10 to 12 years.
Press release by Banque Havilland
Publié le 11 novembre 2019